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Exclusive: Oxy to exit North Dakota's oil fields in sale to private equity fund

2015-10-16 03:11:04| Oil & Gas - Topix.net

The unstaffed lobby of the North Dakota regional headquarters of oil producer Occidental Petroleum Corp is seen in Dickinson, North Dakota in this October 14, 2015 photo. ), the fourth-largest U.S. oil producer, has agreed to sell all of its North Dakota shale oil acreage and assets to private equity fund Lime Rock Resources in a deal worth around $500 million, according to sources familiar with the matter.

Tags: private north sale fields

 

Sainsbury's to exit mobile market...again

2015-10-14 02:00:00| Total Telecom industry news

Supermarket to shutter MVNO service on 15 January amid reported breakdown in talks with host network Vodafone.

Tags: mobile exit sainsburys

 
 

International Paper to Exit Chinese Coated Board Joint Venture

2015-10-09 03:25:36| Paper - Topix.net

As consideration for the sale, the Company will receive of currently outstanding debt from the Company's balance sheet, along with the other assets and liabilities of the IP-Sun JV, following completion of the transaction. , International Paper Chairman and CEO.

Tags: international board paper chinese

 

Plane Passenger Confuses Exit for Toilet, Receives Fine and Ban

2015-09-28 21:07:29| Airlines - Topix.net

James Gray, a KLM Royal Dutch Airlines passenger, made a nearly tragic mistake on his flight from Edinburgh to Amsterdam. At 30,000 feet, Gray mistook an airplane door for a restroom.

Tags: fine exit plane ban

 

Marvell to Exit Smartphone Biz

2015-09-25 14:39:47| Telecom - Topix.net

Marvell Technology Group announced a "significant restructuring" in its flagging mobile platform business that will include layoffs, a write-down of assets, and apparently an exit from the smartphone market. The company said it "plans to significantly downsize the mobile platform organization to refocus its technology to emerging opportunities in IoT, automotive, and networking."

Tags: biz exit smartphone marvell

 

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